MEXICO — The Oxford Federal Credit Union board of directors recently announced that Joann Bisson will succeed Matt Kaubris as the next president and chief executive officer. The board has been preparing for the retirement of longtime president and Chief Executive Officer Kaubris since he announced his intention to retire. The executive vice president role […]
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Credit union customers in Belfast report account thefts
BELFAST (AP) — Authorities are urging customers of a credit union in Belfast to check their accounts after dozens of people said hundreds of dollars were stolen from their accounts. Police say someone apparently installed a skimming device in an ATM at the Down East Credit Union branch on Saturday. Police Sgt. Daniel Fitzpatrick says […]
Credit union visits fifth-grade class at Dirigo Elementary
PERU – Employees with the Oxford Federal Credit Union visited fifth-graders at Dirigo Elementary School Friday afternoon to teach them the benefits of spending, saving and sharing their money. OFCU employees Tammy Daigle and Erin Baker spent the afternoon teaching the students about the benefits of saving their money and spending it in an intelligent […]
Credit unions unite to save members money with Invest in America
Since its inception in January of 2009, Maine credit union members have driven away with some big savings thanks to the “Invest in America” program. Invest in America is credit unions’ auto loan discount program with auto manufacturers General Motors Corp. and Chrysler Corp. With discounts ranging from $500-$1,000 for credit union members plus additional […]
Maine’s credit unions keep both members and the Earth happy!
Maine credit unions have understood the value of “going green” long before it was a widespread movement. Credit unions are encouraging their members to go green by offering special rates on loans for fuel efficient cars, alternative heating sources and energy efficient home improvements. In fact, a recent survey of Maine’s credit unions found that […]
Finance management goes mobile with Maine credit unions
Maine’s credit nnions continue to introduce new products to enhance the lives of their members, without compromising the most important connection of all: the relationship between the credit union and each individual member. Maine’s credit unions are consistently introducing the leading technology, including the ability to conduct a variety of online transactions, from applying to […]
Happy Credit Union Week!
From October 13-19, 2014, over 641,000 Maine residents who belong to a credit union will join in the annual worldwide celebration of International Credit Union Week. Across the globe there are 196 million credit union members belonging to over 51,000 credit unions in 100 countries. For 66 years, credit unions have set aside the third […]
Join a Maine credit union, and enjoy fee-free checking!
Get a free checking account that is truly free! Stop worrying about monthly maintenance fees, ATM fees and minimum balances. When you open a checking account at most Maine credit unions, there is one thing you can check off your list – fees. That’s because 95 percent of Maine’s credit unions offer free checking accounts, […]
Looking for a loan? Maine credit unions have the answer!
Despite an economy that has prompted many lenders to pull back, lending is accessible and strong at Maine’s credit unions. While institutions across the country were tightening lending availability, Maine’s Credit Unions continued to lend money and were sources of credit to thousands of Maine consumers – outstanding loans to members exceeded $3.88 billion in […]